Milk Inventory Management Act of 1991

Summary

Milk Inventory Management Act of 1991 - Amends the Agricultural Act of 1949 to set milk price support levels at: (1) $10.10 per hundredweight for 1991; (2) $12.60 per hundredweight for 1992 and 1993; (3) $12.10 per hundredweight for 1994; and (4) $11.60 per hundredweight for 1995. Establishes manufacturing allowances for milk manufactured into: (1) butter and nonfat dry milk; and (2) cheese. Reduces support prices, including imposing a two-tiered pricing program, if estimated Commodity Credit Corportation (CCC) milk purchases exceed specified levels. Establishes: (1) a National Dairy Inventory Management Board; and (2) a milk inventory management program to handle excess inventory if estimated annual CCC milk prices exceed a specified level. Authorizes the Board to develop a dairy heifer export program. Limits CCC purchases of excess milk inventory, with specified exceptions. Prohibits price supports in a State which supports milk in excess of Federal levels. Amends the Agricultural Adjustment Act, as reenacted with amendments by the Agricultural Marketing Agreement Act of 1937, to establish marketing order milk solid percentages for whole, lowfat, and skim milk. Amends the Packers and Stockyards Act, 1921 to establish milk producer and handler trusts. Authorizes appropriations. Amends the Agricultural Act of 1949 to require: (1) annual CCC milk purchase estimates to include estimates of dairy cattle slaughtering; and (2) additional Department of Agriculture, beef purchases if any year in which dairy cattle slaughtering exceeds specified levels.

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Documents

7 official files

• Reported in House (text)

  Reported in House · EN

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• Reported in House (text)

  Reported in House · EN

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• Introduced in House (text)

  Introduced in House · EN

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• Reported to House amended, Part III

  summary · EN · 17 October 1991

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• Reported to House amended, Part II

  summary · EN · 17 October 1991

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• Reported to House amended, Part I

  summary · EN · 29 July 1991

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• Introduced in House

  summary · EN · 9 July 1991

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